2024 MAD to MMK Historical Review

YEARLY HIGH

329.7500 MMK

YEARLY LOW

206.4672 MMK

YEARLY AVERAGE

213.4636 MMK

2024 MAD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 329.7500. Conversely, the yearly low was recorded on April 16, dropping to 206.4672.

This high-to-low spread represents a total annual volatility of 123.2828 MMK. From a start-to-finish perspective, comparing the January average rate of 210.9822 to the December average rate of 209.4612, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 329.7500 was up 51.23% compared to the 2023 peak of 218.0390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 1,648,750 MMK

2023 Average 1,037,181 MMK

Yearly Trough Low 1,032,336 MMK

Transaction Impact: A difference of 616,413.97 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

233.1830

205.6705

JanuMarcMayJulySeptNove

MAD to MMK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 211.1001, compared to 215.8271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7270 points.

H1 Avg (Jan–Jun) 211.1001

H2 Avg (Jul–Dec) 215.8271

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 118.4193 MMK (High: 329.7500 / Low: 211.3307). On the other end, March was the most stable month, with a tight range of 2.6339 MMK (High: 209.7987 / Low: 207.1649).

July Spread (Volatile) ±118.4193

March Spread (Stable) ±2.6339

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 15.7701 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.7701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 230.8903) against the same month in 2023 (average: 215.4052), the exchange rate shifted by +15.4851 (+7.19%).

2024 Avg (July) 230.8903

2023 Avg (July) 215.4052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	213.1054	209.4856	210.9822
February	210.2976	207.1426	208.8314
March	209.7987	207.1649	208.7528
April	209.5010	206.4672	207.9632
May	212.0118	207.6566	210.1535
June	249.8915	208.7759	219.9176
July	329.7500	211.3307	230.8903
August	219.2683	211.1125	215.1202
September	217.0461	214.0464	215.6987
October	215.1165	211.1726	213.0256
November	213.7445	208.2485	210.7665
December	210.9313	207.6644	209.4612